XML 27 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Statements of Operations    
Revenues (including amounts of related party of $33,388 and $2,855,205 for the years ended December 31, 2023 and 2022, respectively) $ 122,112 $ 3,519,627
Cost of revenues (including amounts of related party of $118,497 and $1,968,291 for the years ended December 31, 2023 and 2022, respectively) (375,845) (2,114,284)
Gross (losses) profits (253,733) 1,405,343
Operating expenses:    
Research and development expenses (including amounts of related party of $368,372 and $618,522 for the years ended December 31, 2023 and 2022, respectively) 7,317,388 6,845,964
Selling, general and administrative expenses 5,635,275 8,535,591
Total operating expenses 12,952,663 15,381,555
Loss from operating (13,206,396) (13,976,212)
Interest expense (144,193) (53,528)
Issuance cost of senior secured convertible note measured at fair value (525,643) 0
Fair value change of senior secured convertible note 94,207 0
Other income, net 12,276 23,050
Total non-operating expenses, net (563,353) (30,478)
Net loss before income taxes (13,769,749) (14,006,690)
Provision for income taxes 800 0
Net loss $ (13,770,549) $ (14,006,690)
Net loss per common share - basic and diluted $ (3.36) $ (5.14)
Weighted-average shares used in computing net loss per common share-basic and diluted 4,098,109 2,727,458